We study the efficiency of cryptocurrencies by measuring the price’s reaction time to unexpected relevant information. We find the average price delay to significantly decrease during the last three years. For the cross-section of 75 cryptocurrencies we find delays to be highly correlated with liquidity.

Covering numerous courses on bachelor and master studies at TU Dortmund in two languages we have a common objective: bring practical knowledge with cutting edge methods to prepare our students for expert life in the industry and academia.

From academic papers that cover various finance, risk and resource management topics to text books and tutorials that speak to average non-expert, our objective is to transfer valuable and helpful information to the network of students, experts and entrepreneurs.

Nothing on this website is to be taken as investment advice. This website and all of its contents are for educational use only. DatenschutzerklärungImpressum

This website stores some user agent data. These data are used to provide a more personalized experience and to track your whereabouts around our website in compliance with the European General Data Protection Regulation. If you decide to opt-out of any future tracking, a cookie will be set up in your browser to remember this choice for one year. I Agree, Deny